Friday, 14 December 2018, 7 Rabiulakhir 1440H Solat Time:
KL Imsak 5:39 | Subuh 5:49 | Syuruk 7:09 | Zohor 1:11 | Asar 4:33| Maghrib 7:07 | Isyak 8:21

Outward Bills for Collection


Subject Charges Rate / Amount
1. As per collection
Commission
Local :
0.1% flat on the bill amount:
Foreign:
0.1% flat on the bill amount:
Local Currency:
Min : RM50.00
Max : RM500.00
Foreign Currency:
Min : RM50.00
Max : RM100.00
Charges in lieu of foreign exchange
0.2% flat
Min : RM50.00
Max : RM750.00
2. For free of payment transaction:
0.1% flat on the bill amount
Local Collection (local currency)
Min : RM50.00
Max : RM500.00
Foreign Collection (foreign currency)
Min : RM50.00
Max : RM100.00
SWIFT
Malaysia (Local): RM25.00
Outside (Foreign): RM50.00
Local Collection

 

Postage
Courier
Actual direct cost incurred
Actual direct cost incurred
Foreign Collection
Courier
Actual direct cost incurred
3. Bill dishonored after arrival of goods
Holding Charges
Local/Foreign :
RM50.00/USD20.00 per month or part thereof if bill remains unpaid for more than 60 days after due date / first presentation.
Representation Commission
Local/Foreign :
RM10.00 will be levied for each representation plus actual cost.
Protest Charges
Local/Foreign :
RM200.00 plus legal expenses
Other charges
Local/Foreign :
RM5.00 on each bill dishonored after arrival of goods or for each representation after the due date.

4. Sending advise of dishonored advice to remitting bank

Commission
Local/Foreignl :
RM10.00 plus (actual direct cost incurred)
5. Redirecting documents
Commission
Local/Foreign :
RM50.00 flat
6. Checking documents
Checking fee
Min : RM50.00 (local)
Min : RM50.00 (foreign)
Min : RM100.00 (for LC received from Arab and Indian Continents)
Presentation with discrepancy/ies
Local/Foreign :
RM30.00per set of documents

Note:
A standard rated of 6% of GST will be charged for local transaction while zero rated for foreign transaction

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